What is resettlement? And how to process resettlement for an employee?

During Full & Final Settlement, there are chances of errors being committed. These errors may be brought to your notice by the concerned ex-employee or you may discover them yourself. In such cases, the Full & Final Settlement amount has to be recalculated. This page displays the list of employees for whom Full & Final Settlement is done and you can select those needing resettlement. You can view the details, which are non-editable. The actual recalculation is done from the Salary page.

Click Payroll > Payroll Inputs > Resettlement.

Click Resettle Employee

Enter details as follows in the Resettlement page (Note that the resettlement can be any month such as September for settlements done in August. You can view Final Settlement Payslip from this page. The actual resettlement is done from the Salary page. )

Click Save (A success message displays.)

Post updating the details, go to the salary tab under the payroll >> payroll input and enter the value manually under any gross component (For example if you would like to make payment to the leave encashment amount to the employee, select the component as leave encashment and enter the value and process the salary)